Re:The top 10% owns 87% of the stocks
by mirekrusin on Monday March 03, 2025 @04:28AM
(#43239973)
We are living in feudal system at the moment. Amazon, cloud providers and everything seems to be subscription based nowadays - as Yanis Varoufakis calls it "techno-feudalism". We have system which funnels unimaginable amounts of money to few overlords, it'll keep reinforcing itself creating more and more contrast with time. Open source everything seems to be the only answer if you ask me.
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People do not understand subscriptions. I little a month looks cheap. They do not understand the technology or the economics.
If you are a landless peasant you know if you are being too heavily taxes - you can see how much the land produces. People have no idea whether they are overpaying for food at the end of a long supply chain, let alone for technology.
Another factor is when you are paying for many things, its only worth worrying about the most expensive as the others are relatively trivial. Compared to housing and utilities the rest is hardly worth thinking about.
Re:The top 10% owns 87% of the stocks
by vineyardmike on Monday March 03, 2025 @05:16AM
(#43240284)
I love open source as much as the next guy, but unless you consider mortgage or rent a subscription, then I don’t think that it’s really a primary issue for most people today.
That said, the subscriptions do keep growing. But, in fairness, most cloud services have ongoing cost to the business, so ongoing consumer costs make sense.
Re:The top 10% owns 87% of the stocks
by Ferret7446 on Monday March 03, 2025 @04:33PM
(#43247062)
Comparing access to entertainment with access to food is disingenuous.